Iraq Signs Transit Agreement for Int'l Telecommunications
By John Lee. The Ministry of Communications of Iraq, under the supervision of Minister Dr. Hayam Al-Yasiri, has signed a partnership agreement with DIL Technology to establish Iraq as a unified transit corridor for international communications, running from from Al-Faw to Ibrahim Al-Khalil. The deal, the first of its kind, was signed between the General […]
Iraq Restarts 503 Projects, valued at over $12bn
By John Lee. The Chairman of Iraq's National Investment Commission (NIC), Dr. Haider Mohammed Makiyya, announced the restart of 503 investment projects across the country, as part of a national plan to stimulate the economy. These projects, valued at over $12 billion, are part of 855 projects that have been stalled for the past two […]
IBBC appoints Mohammed Al Saadi of Sama Hammurabi Law as Iraq Members' Rep
From the Iraq Britain Business Council (IBBC): IBBC appoints Mr Mohammed Al Saadi of Sama Hammurabi Law as Iraq members' representative. The appointment of Mr Al Saadi as IBBC's Iraqi representative is an important role for IBBC. As the link between members and management and as the main contact in Iraq he will speak to […]
Iraq to Present Strategic Communications Projects
By John Lee. The Ministry of Communications and the Iraqi Economic Council discussed preparations for the Iraq Investment Forum, scheduled for early June in Baghdad. Minister Hiyam Al-Yasiri highlighted strategic projects for investment, including submarine and transit [fiber optic] cable systems and data centres, aimed at enhancing Iraq's digital infrastructure and regional connectivity. Ibrahim Al-Baghdadi […]
Hoarded Wealth, Frozen Economy: Iraq's Hidden Cash Crisis Deepens
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Hoarded Wealth, Frozen Economy: Iraq's Hidden Cash Crisis Deepens For many Iraqis, banks are not seen as safe havens but as unreliable or even risky institutions. And for countless others, personal experiences of fraud […]
Iraqi President and CBI Governor discuss Economic Reforms
By John Lee. President Abdul Latif Jamal Rashid and Governor of the Central Bank of Iraq (CBI), Ali Al-Alaq, met at Baghdad Palace to discuss economic reforms aimed at strengthening Iraq's financial sector and fostering sustainable growth. They emphasized the importance of modernizing the banking system, stabilizing the market, and creating a robust financial framework […]
Al Rida Investment Group joins IBBC
By John Lee. Al Rida Investment Group has joined the Iraq Britain Business Council (IBBC). Established in 1997, Al Rida has evolved from a construction company into a diversified Iraqi holding firm at the forefront of national development, according to a press release from the IBBC. With investments in real estate, infrastructure, industrial manufacturing, and […]
Understanding the Impact of the Decline of Federalism in Iraq
By Dr. Muhammad Saleh, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Pushing Baghdad towards Centralization: Understanding the Impact of the Decline of Federalism in Iraq This report focuses on the general trends in the exercise, […]
Iraq and Türkiye Sign Ten MoU's
By John Lee. Iraq and Türkiye have signed ten memoranda of understanding (MoUs) aimed at enhancing cooperation across a wide range of fields. The signing ceremony, overseen by Prime Minister Mohammed S. Al-Sudani and President Recep Tayyip Erdoğan, included agreements on defense industries, judicial cooperation, combating drug trafficking, disaster management, and digital public relations. A'sdditional […]
Iraq and Masdar discuss Acceleration of Solar Energy Projects
By John Lee. Iraq's Ministry of Electricity held a virtual meeting with the UAE's Masdar to expedite the signing of a power purchase agreement and resolve challenges related to the construction of solar power plants in Maysan, Dhi Qar, and Anbar. The planned projects, with a total capacity of 1,000 megawatts, represent a significant step […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 8th May 2025. Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Change RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 2,349.0 1.1% 4.4% RSISX USD Index […]
IBBC and MEA hold reception in House of Lords
IBBC and MEA in complimentary reception in House of Lords The Iraq Britain Business Council (IBBC) and the Middle East Association (MEA) held a complimentary reception in the House of Lords, hosted by Baroness Nicholson, who welcomed the assembled members. Mr Jon Wilks CMG spoke of the opportunities in Iraq and benefits of trade councils […]